Table of Contents
Table of Contents 3
List of Tables 6
List of Figures 6
Subsea 7 SA, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
Subsea 7 SA, Oil & Gas Deals By Type, 2012 to YTD 2018 8
Subsea 7 SA, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
Subsea 7 SA, Oil & Gas, Deals By Sector, 2012 to YTD 2018 10
Subsea 7 SA, Oil & Gas, Deals Summary, 2012 to YTD 2018 11
Subsea 7 SA, Oil & Gas, Deal Details 12
Asset Purchase 12
Subsea 7 Completes Acquisition Of 50% Stake In Normand Oceanic Vessel From Solstad Offshore For US$35 Million 12
Partnerships 13
Schlumberger Plans To Form Joint Venture With Subsea 7 13
KBR Forms Partnership With Subsea 7 To Provide FEED Services 14
Debt Offering 15
Subsea Completes Private Placement Of 1% Bonds Due 2017 For US$700 Million 15
Asset Transactions 16
Subsea 7 Sells 50% Joint Venture Interest In Sapura 3000 Vessel To Sapura Energy 16
Acquisition 17
Subsea 7 Completes Acquisition Of Siem Offshore Contractors For US$171 Million 17
Subsea 7 Acquires Stake In Airborne Oil 18
Subsea 7 Completes Acquisition Of Remaining 50% Joint Venture Stakes In Normand Oceanic And Normand Oceanic Chartering From Solstad Farstad 19
Baker Hughes Rumored To Acquire Subsea 7 20
Subsea 7 Completes Acquisition Of Remaining 50% Stake In Seaway Heavy Lifting From K&S Baltic For Up To US$319 Million 21
Subsea 7 Completes Acquisition Of Remaining 50% Joint Venture Stake In Acergy Havila, Operator Of Diving Support Vessel, From Havila Shipping 22
National Oilwell Varco Completes Acquisition Of NKT Flexibles For US$670 Million 23
Subsea 7 SA – Key Competitors 25
Subsea 7 SA – Key Employees 26
Subsea 7 SA – Locations And Subsidiaries 27
Head Office 27
Other Locations & Subsidiaries 27
Affiliate 29
Joint Venture 30
Recent Developments 31
Strategy and Business Expansion 31
Sep 04, 2018: Promethean Energy and Subsea 7 form strategic alliance on Deepwater Gulf of Mexico projects 31
Sep 06, 2017: Subsea 7 Awards Letter Of Intent For New Reel-Lay Vessel 32
Jan 16, 2017: Subsea 7 Announces Early Termination Of Contract Offshore Brazil 33
Financial Announcements 34
Jul 26, 2018: Subsea 7 announces second quarter and half year 2018 results 34
Apr 26, 2018: Subsea 7 Announces First Quarter 2018 Results 35
Mar 01, 2018: Subsea 7 Announces Fourth Quarter And Full Year 2017 Results 37
Jul 26, 2017: Subsea 7 Announces Second Quarter And Half Year 2017 Results 39
Apr 27, 2017: Subsea 7 Announces First Quarter 2017 Results 45
Mar 02, 2017: Subsea 7 Announces Fourth Quarter And Full Year 2016 Results 49
Other Significant Developments 56
Aug 15, 2018: AGR part of Buzzard Phase II development team 56
Jul 05, 2018: Norway Approves PDO For Snorre Expansion Project 57
Jul 05, 2018: Subsea 7 Celebrates Build Milestone And Announces Vessel Name 58
Jun 28, 2018: Airborne Oil & Gas starts TCP Riser qualification programme 59
Jun 05, 2018: Independent Oil And Gas Provides Operational Update – Intelligent Pigging And Offshore Surveys Programmes 60
May 02, 2018: PSA: Spirit Energy Has Received Consent For Manned Underwater Operations 62
May 01, 2018: IOG Provides Operational Update On Southern North Sea Dual Hub Development Project 63
Apr 10, 2018: BP Commits To Two New North Sea Developments 64
Mar 06, 2018: Aker BP Receives Consent To Perform Manned Underwater Operations In 2018 65
Jan 15, 2018: Global Energy Group’s Multi-Client Contract Showcases UK-Based Engineering Talent To Achieve First Oil For Catcher 66
Jan 03, 2018: PSA: Consent For Manned Underwater Operations 68
Dec 21, 2017: Statoil: Investing In 25 More Years On Snorre Field 69
Dec 18, 2017: Subsea 7 to change executive management team 70
Dec 13, 2017: Ashtead Teams Up With Newton Labs To Deliver Underwater Inspection For Subsea 7 71
Jul 06, 2017: Statoil And Partners Decides To Develop Snefrid Nord Gas Discovery 72
Jun 30, 2017: Confirmation Granted By Us Bankruptcy Court For Reorganization Plan Of Emas Chiyoda Subsea 73
May 01, 2017: ROVOP Bolsters US Team After Winning Multi-Contract Awards 74
Feb 28, 2017: Emas Chiyoda Subsea Seeks Financial Restructuring Through Chapter 11 75
Feb 28, 2017: New Subsea 7 Heavy Construction Vessel Built To LR Class 76
Feb 01, 2017: Subsea 7 Completes Fleet Investment Programme 77
Feb 01, 2017: Subsea 7 At Subsea Expo 2017 78
New Contracts Announcements 79
Oct 16, 2018: Subsea 7 awarded additional work on VITO development 79
Oct 10, 2018: Subsea 7 awarded contract offshore Ghana 80
Oct 03, 2018: SIA wins subsea production systems contract in Gulf of Mexico 81
Sep 25, 2018: Ashtead delivers installation monitoring services to Subsea 7 on Utgard development 82
Sep 10, 2018: Oceaneering announces Subsea 7 umbilical contract for Shell’s vito development in Gulf of Mexico 83
Aug 20, 2018: Subsea 7 awarded substantial contract 84
Aug 06, 2018: Subsea 7 wins Buzzard Phase 2 project contract 85
Jul 19, 2018: Subsea 7 awarded sizeable contract 86
Jun 28, 2018: Subsea 7 Awarded Contract Offshore Angola 87
Jun 18, 2018: Award of the Pre-FEED Contract for INPEX SURF GEP Project in Indonesia 88
Jun 15, 2018: Subsea 7 Awarded Contract Offshore Gulf Of Mexico 89
Jun 13, 2018: Subsea 7 Receives EPIC Contract For West Delta Deep Marine Phase 9b Development Project 90
Jun 11, 2018: Subsea 7 Awarded Contract Offshore UK 91
May 31, 2018: MMA Secures Three Year Contract For MMA Pinnacle 92
May 09, 2018: Subsea 7 Awarded Contract Offshore Norway 93
May 09, 2018: Eidesvik Offshore Announces Contract Extension Seven Viking 94
Apr 10, 2018: Subsea 7 Awarded Contract Offshore Nigeria 95
Apr 10, 2018: Subsea 7 Awarded Contract Offshore UK 96
Mar 15, 2018: Subsea 7 Awarded Conventional Contract 97
Mar 13, 2018: Corinth Pipeworks Awarded Two Offshore Projects By Subsea 7 For Pipelines In North Sea 98
Mar 12, 2018: Subsea 7 Awarded Contract Offshore Azerbaijan 99
Feb 27, 2018: Subsea 7 Announces Sizeable Contract By Wintershall 100
Feb 13, 2018: TMC To Equip Subsea 7 Vessel 101
Jan 24, 2018: Subsea 7 Awarded Contract Offshore Norway 102
Dec 21, 2017: Subsea 7 secures contract offshore Norway 103
Dec 15, 2017: Subsea 7 wins two contracts offshore Norway 104
Dec 11, 2017: Subsea 7 Awarded Contract Offshore Norway 105
Oct 03, 2017: Subsea Integration Alliance secures contract for Fortuna FLNG project 106
Oct 02, 2017: Royal IHC to construct integrated reel lay vessel for Subsea 7 107
Sep 11, 2017: InterMoor Wins Contract On Mad Dog Phase 2 Project 108
Jul 21, 2017: Subsea 7 awarded contract extensions offshore Brazil 109
Jul 17, 2017: TAQA Awards Schlumberger EPCIC Contract For Otter Field 110
Mar 21, 2017: Subsea 7 Awarded Contract Offshore Gulf Of Mexico 111
Mar 06, 2017: VNG Norge: Pil & Bue Feed Contracts Awarded 112
Mar 06, 2017: TechnipFMC, Aker, Subsea 7 Win Pil & Bue FEED Contracts 113
Feb 28, 2017: Subsea 7 wins contract for sole development project offshore Australia 114
Jan 26, 2017: IKM Secures Contract With Subsea 7 For Culzean field 115
Appendix 116
Methodology 116
About GlobalData 116
Contact Us 116
Disclaimer 116
Subsea 7 SA, Oil & Gas, Key Facts, 2017 2
Subsea 7 SA, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Subsea 7 SA, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
Subsea 7 SA, Oil & Gas Deals By Type, 2012 to YTD 2018 8
Subsea 7 SA, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
Subsea 7 SA, Deals By Sector, 2012 to YTD 2018 10
Subsea 7 SA, Oil & Gas, Deals Summary, 2012 to YTD 2018 11
Subsea 7 Completes Acquisition Of 50% Stake In Normand Oceanic Vessel From Solstad Offshore For US$35 Million 12
Schlumberger Plans To Form Joint Venture With Subsea 7 13
KBR Forms Partnership With Subsea 7 To Provide FEED Services 14
Subsea Completes Private Placement Of 1% Bonds Due 2017 For US$700 Million 15
Subsea 7 Sells 50% Joint Venture Interest In Sapura 3000 Vessel To Sapura Energy 16
Subsea 7 Completes Acquisition Of Siem Offshore Contractors For US$171 Million 17
Subsea 7 Acquires Stake In Airborne Oil 18
Subsea 7 Completes Acquisition Of Remaining 50% Joint Venture Stakes In Normand Oceanic And Normand Oceanic Chartering From Solstad Farstad 19
Baker Hughes Rumored To Acquire Subsea 7 20
Subsea 7 Completes Acquisition Of Remaining 50% Stake In Seaway Heavy Lifting From K&S Baltic For Up To US$319 Million 21
Subsea 7 Completes Acquisition Of Remaining 50% Joint Venture Stake In Acergy Havila, Operator Of Diving Support Vessel, From Havila Shipping 22
National Oilwell Varco Completes Acquisition Of NKT Flexibles For US$670 Million 23
Subsea 7 SA, Key Competitors 25
Subsea 7 SA, Key Employees 26
Subsea 7 SA, Other Locations 27
Subsea 7 SA, Subsidiaries 28
Subsea 7 SA, Affiliate 29
Subsea 7 SA, Joint Venture 30
List of Figures
Subsea 7 SA, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Subsea 7 SA, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Subsea 7 SA, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Subsea 7 SA, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Subsea 7 SA, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
Subsea 7 SA, Oil & Gas, Deals by Type, 2012 to YTD 2018 8
Subsea 7 SA, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
Subsea 7 SA, Oil & Gas, Deals by Sector, 2012 to YTD 2018 10